ROSECAR, PARK ROAD, CROMER, NR27 0EA - £190,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ROSECAR is a midsized extended detached house of 100m², built sometime between 1930 and 1949. It was last sold for £190,000 in January 2008, which was around 27% below the average January 2008 detached price in the North Norfolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

ROSECAR Sold Prices

Land registry data shows three sales for ROSECAR since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the three ROSECAR sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2008 3 JAN	£190,000	£260,212	27% below HPI
2005 26 APR	£140,000	£198,699	30% below HPI
2002 15 MAR	£82,500	£140,541	41% below HPI

ROSECAR Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The three ROSECAR sales between March 2002 and January 2008 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2008 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is ROSECAR?

ROSECAR is 100m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of detached houses in Cromer, based on EPC data. The below chart shows the distribution of detached houses by size in Cromer, and where ROSECAR lies on this distribution: 43% of detached houses are smaller than ROSECAR, and 56% of houses are larger. Note that EPC data is not available for all properties in Cromer.

ROSECAR: Plot and Title Map

ROSECAR sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of ROSECAR, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of ROSECAR). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is ROSECAR?

ROSECAR is located on PARK ROAD in CROMER, in the NR27 postcode district. The below map shows the position of ROSECAR on PARK ROAD.